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As a leading provider of legal technology software, LawVu maintains close contact with our customers and the broader in-house legal community, ensuring we are always aware of emerging trends and able to deliver on our mission, which is to support and accelerate the work of the worlds corporate legal teams.
The legal industry is not exempt from this, most notably with how clients expect to be served. Today, better and expedited access to legalservices is simply a baseline to meet, not a privilege. In fact, two-thirds of clients expect personalized and tech-enabled legalservices , according to a survey by Salesforce.
Since its inception in the mid-twentieth century, LPO has grown considerably, and it is now a dominant business, with law firms in the Global South exporting legalservices to typically white-shoe law offices in affluent countries at a much-reduced cost. billion of the worldwide Legal Process Outsourcing (LPO) requirement by 2025.
INform54 Elevator Pitch: INform54 is the new way of driving revenue and business development growth in the legal industry. More than just projectmanagement, INform54 is a game-changing software redefining the way legal professionals work. Simplicity: Legalprojectmanagement tools have historically low adoption.
Alternative legalservices providers (ALSPs), on the other hand, could join forces with AI and decimate the junior ranks. billion in 2023, growing at an 18 percent compound annual rate, outpacing traditional legalservices. The report paints a sobering picture for the future of legal apprenticeship.
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